Shares of Maase Inc. – Sponsored ADR (NASDAQ:MAAS – Get Free Report) were up 3.8% on Friday . The company traded as high as $17.01 and last traded at $16.82. Approximately 767,634 shares changed hands during mid-day trading, an increase of 464% from the average daily volume of 136,221 shares. The stock had previously closed at $16.20.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings initiated coverage on shares of Maase in a research report on Monday, June 29th. They issued a “sell (d)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Maase has a consensus rating of “Sell”.
Read Our Latest Stock Report on MAAS
Maase Stock Up 3.8%
Maase (NASDAQ:MAAS – Get Free Report) last posted its quarterly earnings data on Wednesday, June 24th. The company reported ($64.61) EPS for the quarter. The company had revenue of $0.22 million for the quarter.
Maase Company Profile
Puyi Inc provides third-party wealth management services in China. The company distributes publicly raised fund and privately raised securities investment fund products through online and offline. It also provides asset management services that include managing fund of funds and non-performing loan funds; and corporate financing services. Puyi Inc was incorporated in 2018 and is headquartered in Guangzhou, China.
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